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LCFXpro
Jun 3, 2020 1:41 PM

USDCAD LONG TRADE PLAN Long

U.S. DOLLAR / CANADIAN DOLLARICE

Description

Currently we are seeing weaken USD across the board, however with USDCAD reach it minor demand area it will be interesting if we can see a low test candle closed above the highlighted area before placing long trade.

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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.



Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!
Comments
tiffusa
It’s still going down to 1.28. Short sell isn’t good.
KiBeCh29
i have been holding this trade since Monday!
LCFXpro
@KiBeCh29, nice one, we shall see soon as we are waiting for the CAD rate and US Crude inventories. :)
KiBeCh29
@LCFXpro, YES!
chewang37
what period of ema and ma do you use?
Refimadon
I went short
Boatsnhoes
I see a free fall to 1.3
ProjectSyndicate
EURUSD H4: 5 waves bullish setup, TP bulls 1380(NEW/UPDATE).
VasilyTrader
Very good analysis!
vish_fx
but it's going down 🦉
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